Thursday, March 19, 2009

Trade Tracker

Here are my current trades, as posted in the Trade Report:

Trade Tracker:

SDS: Still holding (400 shares at average price of $80.83, currently $83.31)

USD: I took profits in the rest of the X position at $21 (entry at $17.25) for a $562 gain (total trade $862 gain).

X: I took profits in the rest of the USD position at $15.25 (entry at $10.72) for a $679 gain (total trade $1035 gain).

I added 200 shares SRS at $53 and 200 shares at $55.11 (currently around $60)

I added 200 shares FAZ at $26.55 (currently around $30). I'll go over this trade over the weekend. I watched it gap down to $23 (should have bought on the gap down--aghhh!). I decided to buy once it closed the gap and pierced yesterday's low. The fact that the market was near the 50 day MA also helped with the entry.

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